Stock market news: Muthoot Finance shares fall over 1%

NEW DELHI: Shares of Muthoot Finance Ltd. traded 1.34 per cent down in Tuesday's trade at 11:33AM (IST). Around 6494 shares changed hands on the counter. The stock opened at Rs 1142 and touched an intraday high and low of Rs 1147.15 and Rs 1125.4, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1400.5 and a 52-week low of Rs 476.8.

Financials
Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 45278.30 Crore) operating in NBFC sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 2604.48 Crore, down 0.99 per cent from last quarter Sales of Rs 2630.50 Crore and up 25.96 per cent from last year same quarter Sales of Rs 2067.67 Crore. Company has reported net profit after tax of Rs 857.68 Crore in latest quarter.

Muthoot Finance Ltd. key Products/Revenue Segments include Interest which contributed Rs 8564.40 Crore to Sales Value (98.27 per cent of Total Sales), Income From Sale Of Share & Securities which contributed Rs 69.55 Crore to Sales Value (0.79 per cent of Total Sales), Service Charges which contributed Rs 59.34 Crore to Sales Value (0.68 per cent of Total Sales), Sale of services which contributed Rs 19.11 Crore to Sales Value (0.21 per cent of Total Sales) and Dividend which contributed Rs 2.23 Crore to Sales Value (0.02 per cent of Total Sales) for the year ending 31-Mar-2020.

Promoter holding
Promoters held 73.4 per cent stake in the company as of quarter ended 31st Jun 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 13.25 and price to book value of 2.07.